The International Air Transport Association (IATA) has released its July Airlines Financial Monitor report. The report shows that initial airline financial results from Q2 2017 have been more robust than earlier in the year, and suggest that the squeeze on profit margins from higher costs and weak yields peaked in the first quarter. Meanwhile, having trended downwards since 2013, the latest monthly data suggest that passenger yields have now started to trend upwards. Exchange rate-adjusted yields were broadly unchanged from their year-ago level in May. Global airline share prices fell in July, driven by a decline in the North America

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